How Might a Manager Link Performance to Outcomes

question 17

Multiple Choice

How might a manager link performance to outcomes?

• A)Make certain that they know what outcomes are important to employees.
• B)Make sure to follow through with promised outcomes based on performance.
• C)Be a positive Pygmalion.
• D)Identify the performance outcome without the participation of the employee.
• E)Encourage employee effort.

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Definitions:

Marginal Utility

The additional satisfaction or benefit gained from consuming or using one more unit of a good or service.

Deserted Island

An uninhabited or sparsely populated island often used in economic theories and thought experiments to illustrate principles of survival, scarcity, and choice.

Consumer Preference

Consumer preference refers to the subjective tastes and choices of individuals regarding different goods and services, influenced by factors such as price, quality, and personal tastes.

Indifference Curves

Graphical representations in economics that show different combinations of two goods that provide equal satisfaction and utility to a consumer.